Abstract
In 2004, the world market volume of laser machining systems reached 4.65 billion euro, a 27% increase over the previous year's level of 3.65 billion euro and within a few percent of the record 4.75 billion euro achieved in 2000 (Fig. 1). What makes this result more surprising is that between 2000 and 2004, the value of a US dollar fell from an average of 1.08 euro to 0.81 euro; meaning that, from a US dollar standpoint, 2004 actually surpassed the 2000 level.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
